Trump Escalates Pressure on Federal Reserve Amid Strong Jobs Data Following August's robust employment report — 162,000 jobs created versus the projected 56,000 — President Trump demanded the Federal Reserve cut interest rates. He argued a stronger U.S. economy justifies cheaper money and positioned rate cuts as essential to maintain American creditworthiness, while insisting the U.S. should maintain the world's lowest rates. Adding pressure, Trump threatened to halt trade with countries running deficits with America, framing it as an alternative to tariffs. However, markets reacted inversely to his expectations: investors grew concerned about inflation risks, pushing expectations toward a pause or rate hold at the Fed's September 16 meeting. bitcoin:native has shown resilience, trading around $79,700.